Western Digital Corp’s filing revealed that its SVP & Princ. Acctg Officer Zamiska Gene M. unloaded Company’s shares for reported $19777.0 on Mar 12 ’25. In the deal valued at $43.37 per share,456 shares were sold. As a result of this transaction, Zamiska Gene M. now holds 43,320 shares worth roughly $1.76 million.
Then, GENE M ZAMISKA bought 456 shares, generating $19,777 in total proceeds.
Before that, Zamiska Gene M. sold 1,659 shares. Western Digital Corp shares valued at $68,616 were divested by the SVP & Princ. Acctg Officer at a price of $41.36 per share. As a result of the transaction, Zamiska Gene M. now holds 43,776 shares, worth roughly $1.78 million.
A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in early April from “a Hold” to “a Buy”. The Benchmark Company also remained covering WDC and has decreased its forecast on December 19, 2024 with a “Hold” recommendation from previously “Buy” rating. TD Cowen maintained its rating on September 13, 2024. It rated WDC as “a Buy”.
Price Performance Review of WDC
On Tuesday, Western Digital Corp [NASDAQ:WDC] saw its stock fall -0.71% to $40.62. Over the last five days, the stock has gained 10.74%. Western Digital Corp shares have fallen nearly -9.85% since the year began. Nevertheless, the stocks have fallen -22.59% over the past one year. While a 52-week high of $61.62 was reached on 02/19/25, a 52-week low of $28.83 was recorded on 04/07/25. SMA at 50 days reached $41.93, while 200 days put it at $47.49.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 40.39, which if violated will result in even more drops to 40.15. On the upside, there is a resistance level at 41.05. A further resistance level may holdings at 41.48. The Relative Strength Index (RSI) on the 14-day chart is 55.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.90%. Stochastics %K at 96.56% indicates the stock is a selling.
How much short interest is there in Western Digital Corp?
A steep rise in short interest was recorded in Western Digital Corp stocks on 2025-04-15, dropping by -3.0 million shares to a total of 30.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 33.48 million shares. There was a decline of -9.85%, which implies that there is a negative sentiment for the stock.
